Latest news with #Vietnam-focused
The Star
2 days ago
- Business
- The Star
Mekong Capital plans US$200mil agriculture fund next year
Officials from Thanh Hoa Forest Ranger sub-department patrol in Xuan Lien National Park. Mekong Capital is interested in firms specialising in sectors such as forestry, organic fertiliser and ocean health. - Vietnam News/ANN HANOI: Mekong Capital Ltd., a Vietnam-focused private equity firm, plans to launch a regenerative agriculture fund in 2026 with as much as US$200 in capital, according to its founder and partner Chris Freund. "We're making progress getting that fund off the ground and currently at a stage where we're working on the pipeline' of potential companies to invest in, Freund said in an interview. Mekong Capital, which previously mostly focused on retail, restaurants, education and consumer sectors, is shifting to areas such as biotech and agricultural technology, Freund said. While continuing to invest in consumer companies, it is also interested in firms specialising in sectors such as forestry, organic fertiliser and ocean health, he said. Companies operating in data-rich sectors that are capable of collecting, analysing and leveraging large volumes of information are well-positioned for future growth, Freund said. Mekong Capital is looking at how data technologies can improve performances of companies it invests in, he said. Mekong Capital, founded in 2001, has launched a total of five funds in Vietnam, including Mekong Enterprise Fund IV, or MEF IV, its most recent. The MEF IV fund was started in 2019 with committed capital of US$246 million. - Bloomberg
South China Morning Post
22-02-2025
- South China Morning Post
Tourists wearing this hat in Vietnam may face US$3,000 fine, entry denial
A Vietnam-focused travel agency has warned tourists against wearing a 'Vietnam war veteran hat' when travelling to the country, citing cases of entry denial. An advisory from a Vietnam travel agency gained attention on South Korean online communities such as DC Inside on Thursday. The agency reported that a recent traveller wearing a Vietnam war veteran hat was denied entry at the airport. 'A group of tourists wearing the hat was also fined US$3,000 after being stopped by authorities,' it warned. The agency further cautioned that 'wearing the hat on the streets could lead to conflicts with locals'. The agency included a photo of a hat with the phrase 'Vietnam war Hero Korea' as an example. The hat is typically worn by elderly veterans who served in the Vietnam war and was created to commemorate the contributions of South Korean soldiers. In South Korea, there are organisations such as the Korean Disabled Veteran's Association by Agent-Orange in Vietnam war and the Vietnam Veterans Association Korea for those who served in the war. Commonly referred to as the 'Vietnam war' in South Korea, the conflict lasted for 20 years from 1955, pitting the communist North Vietnamese government against the US-backed South Vietnamese forces. At the request of the United States, South Korea deployed 320,000 troops to support South Vietnam.
